Vacant 2-bed with strong rental potential — cash buyers only, needs full refurbishment.
- Two-bedroom Edwardian apartment with period features
- Vacant leasehold; approximately 75 years remaining
- Cash buyers only; mortgage lenders may refuse
- Requires full refurbishment throughout
- Close to Southend Central station and town centre
- Estimated rent £1,000–£1,100 pcm; gross yield ~9.2–10.2%
- Small rear garden; double glazing present (install date unknown)
- Area classified as deprived with high local crime levels
A vacant two-bedroom apartment in an Edwardian terrace, offered for sale by online auction with six weeks’ completion. The flat sits close to Westcliff town centre and Southend Central station, making it convenient for commuters and tenants. With period features such as high ceilings and an original fireplace, the property has character but requires full refurbishment throughout.
The flat is leasehold with approximately 75 years remaining. Mortgage lenders often refuse on shorter leases, and this sale is recommended for cash buyers only. The apartment is currently vacant and has an estimated rental value of £1,000–£1,100 pcm, giving a gross yield around 9.2–10.2% depending on final condition and costs.
Practical positives include a small rear garden, double glazing (unknown install date), mains gas boiler and radiators, cheap council tax band, excellent mobile signal and fast broadband — useful for renters or home-workers. Drawbacks are material: the property needs renovation, the area is relatively deprived with high local crime levels, and the building has solid brick walls likely without insulation, meaning refurbishment will need consideration for thermal improvements.
This is a clear project for experienced investors, cash buyers or DIY owners seeking a refurbishment opportunity in a town-centre location. Factor in lease extension costs, renovation spend and local market conditions when assessing total outlay and achievable returns.
2 bedroom apartment for sale in Shakespeare Drive, Westcliff-on-Sea, Essex, SS0 — £130,000 • 2 bed • 1 bath • 809 ft²
2 bedroom flat for sale in 124A York Road, Southend-on-Sea, Essex, SS1 2EA, SS1 — £120,000 • 2 bed • 1 bath • 926 ft²
1 bedroom flat for sale in Flat 2, 192 Hainault Avenue, Westcliff-on-Sea, Southend-on-Sea, SS0 9EX, SS0 — £95,000 • 1 bed • 1 bath • 506 ft²
1 bedroom flat for sale in Flat 2, 126 York Road, Southend-on-Sea, Southend-on-Sea, SS1 2EA, SS1 — £100,000 • 1 bed • 1 bath • 366 ft²
1 bedroom ground floor flat for sale in 64B York Road, Southend-on-Sea, Essex, SS1 2BY, SS1 — £70,000 • 1 bed • 1 bath • 345 ft²
2 bedroom flat for sale in 75A Tyrrel Drive, Southend-on-Sea, Essex, SS1 2LN, SS1 — £110,000 • 2 bed • 1 bath • 549 ft²






































































































